Discoms in the state have incurred losses amounting to Rs 25,000 crore in the past four years. Now, they have urged the Madhya Pradesh Electricity Regulatory Commission (MPERC) to admit the losses and allow the amount to be recovered from the consumers.
If the regulator gives the assent for the entire amount, it will lead to an increase of at least Rs 5 per unit and even if half of it is allowed by the MPERC, it will make the power dearer by at least Rs 2 per unit. In simple words, if the MPERC allows 100% of these losses to be recovered from the consumers, then anyone who uses two ACs (5-star), a couple of fans, an LED TV and five LED bulbs, or consumes about 425 units per month, will have to pay at least Rs 2,000 extra per month. Read More